Letter from our Treasurer and 2014 Financials
Financial Statement Pre-audit figures
OPERATING REVENUES
Ticket Sales & Handling Fees Sponsorships ( Show , TSR , Bart Bus , Tours ) Donations Touring Big Top Gift Shop Projects , Advertising , Interest , Misc . Grants Big TAP ChautauquaFest ( Net Income ) Keepers of the Magic Raffle Total Operating Income
OPERATING EXPENSES
Program Expenses Office & Organization Development Expense Publicity & Marketing BTC / Tent & Grounds Big Top Gift Shop Depreciation Management / Administration Total Operating Expenses 2014 Net Profit /( Loss )
$ 1,098,277 $ 243,227 + $ 111,849 + $ 78,214 $ 61,418 $ 43,976 $ 41,700 + $ 10,270 + $ 9,337 + $ 1,698,268
$ 1,041,921 » $ 158,817 $ 73,913 $ 69,298 $ 60,648 $ 42,827 $ 40,000 $ 28,986
$ 1,516,410 $ 181,858
Big Top Chautauqua is currently standing on solid financial footing , thanks to a year of robust ticket sales and fantastic support from our donors , sponsors and other funders . We can finally say that Big Top carries no debt , and is in a position to handle seasonal cash flow variances . The Board of Directors moves forward cautiously as we are all well aware of the changing tides , economy and weather that can greatly affect this picture at any time . We have been very careful to put in place good strategic plans and thoughtful budgeting to make sure the organization will withstand the challenges that can arise for an arts venue in a canvas tent , yet grow to maintain and improve a high quality of outdoor entertainment in northern Wisconsin .
Next year is our 30 th Anniversary and we ’ ve never been in better financial shape . I am so grateful to each of you for your part in this success .
Sincerely ,
OTHER REVENUES & EXPENSES
Restricted Canvas Fees New Canvas Challenge Gifts , Grants & Match Miscellaneous ( electric refund ) Capital Improvements & Upgrades Box Office Software Partial New Tent Balance Concessions Tent Total Other Revenues & Expenses
Our stellar year allowed Big Top to retire all debt and not have to use our line of credit for cash flow during the winter . Salute !
$ 47,438 $ 156,562 $ 10,337 – $ 15,045 – $ 16,445 – $ 73,823 – $ 8,900
$ 100,124
Therene Gazdik , Board Treasurer
+ Total Contributions $ 416,383 Plus New Canvas Challenge gifts
» Program Expenses $ 928,803 Big Top Summer Series $ 82,813 BTC / BCO Tours $ 30,305 Tent Show Radio ( TSR )
$ 1,041,921 Total
2014 Operating Revenue *
65 % Ticket Sales & Handling Fees 14 % Sponsorships ( Show , TSR , Bart Bus , Tours ) 7 % Donations 5 % Touring 4 % Big Top Gift Shop 3 % Projects , Advertising , Interest , Misc . 2 % Grants 1 % Big TAP ChautauquaFest ( Net Income ) 1 % Keepers of the Magic Raffle
2014 Operating Expenses
69 % Program Expenses 10 % Office & Organization 5 % Development Expense 5 % Publicity & Marketing 4 % BTC / Tent & Grounds 3 % Big Top Gift Shop 3 % Depreciation 2 % Management / Administration
* Did you know 100 % of revenues from concessions and bar belongs to the Mt . Ashwabay Outdoor Education Foundation ?
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